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		mercury
 
  
  Joined: 05 Dec 2004 Location: Pusan
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				 Posted: Sat Aug 04, 2007 4:25 pm    Post subject: Korea now out of the top 10. | 
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				Korea was in the top 10 but now they are being pressed
 
by MEXICO! I was in Mexico last month and it is booming. No dollar Coronas anymore. I think Korea will stay around 14, 15, or 16 in the future. 
 
 
 
 
 
2006 World Bank
 
 
Rank Country GDP (millions of USD) 
 
� Gross world product 48,244,879 
 
1 United States 13,201,819 
 
2 Japan 4,340,133 
 
3 Germany 2,906,681 
 
4 China 2,668,071 
 
5 United Kingdom 2,345,015 
 
6 France 2,230,721a 
 
7 Italy 1,844,749 
 
8 Canada 1,251,463 
 
9 Spain 1,223,988 
 
10 Brazil 1,067,962 
 
11 Russian Federation 986,940 
 
12 India 906,268 
 
13 South Korea 888,024 
 
14 Mexico 839,182 
 
15 Australia 768,178 | 
			 
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		PeteJB
 
 
  Joined: 06 Jul 2007
 
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				 Posted: Sun Aug 05, 2007 12:54 am    Post subject:  | 
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				| Interestingly enough, Korea is one of (if not the) smallest countries in that list. | 
			 
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		laogaiguk
 
  
  Joined: 06 Dec 2005 Location: somewhere in Korea
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				 Posted: Sun Aug 05, 2007 1:00 am    Post subject:  | 
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	  | PeteJB wrote: | 
	 
	
	  | Interestingly enough, Korea is one of (if not the) smallest countries in that list. | 
	 
 
 
 
Size maybe, not population though. | 
			 
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		JongnoGuru
 
  
  Joined: 25 May 2004 Location: peeing on your doorstep
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				 Posted: Sun Aug 05, 2007 1:11 am    Post subject: Re: Korea now out of the top 10. | 
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	  | mercury wrote: | 
	 
	
	  
 
3 Germany 2,906,681 
 
4 China 2,668,071 | 
	 
 
 
Yeah!!!!     
 
 
 
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	  5 United Kingdom 2,345,015 
 
6 France 2,230,721a  | 
	 
 
 
YEAH!!!!!   
 
 
 
	  | laogaiguk wrote: | 
	 
	
	  
 
	  | PeteJB wrote: | 
	 
	
	  | Interestingly enough, Korea is one of (if not the) smallest countries in that list. | 
	 
 
 
 
Size maybe, not population though. | 
	 
 
 
Good point. Otherwise, Canada and Russia are the world's biggest SLACKER nations. | 
			 
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		nautilus
 
  
  Joined: 26 Nov 2005 Location: Je jump, Tu jump, oui jump!
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				 Posted: Sun Aug 05, 2007 1:12 am    Post subject:  | 
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				Koreas heyday is over, they peaked already. Chinas taking their markets left and right.
 
 
 
perhaps now koreans realise they can't possibly be No.1, they'll relax and calm down a bit now. The national psyche may yet change for the better. Accept their place in the world, and all that. | 
			 
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		PeteJB
 
 
  Joined: 06 Jul 2007
 
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				 Posted: Sun Aug 05, 2007 2:01 am    Post subject:  | 
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				| Korea is also new on a global sense..  It's surprising they even got into the top ten | 
			 
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		jvalmer
 
  
  Joined: 06 Jun 2003
 
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				 Posted: Sun Aug 05, 2007 2:04 am    Post subject:  | 
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				Can't tell me India, China, Brazil and Mexico have a hire standard of living than Korea or Australia...
 
Hope Koreans stop concentrating on being hire on some list and concentrate on real stuff. | 
			 
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		butlerian
 
  
  Joined: 04 Sep 2006 Location: Korea
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				 Posted: Sun Aug 05, 2007 2:08 am    Post subject:  | 
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	  | jvalmer wrote: | 
	 
	
	  Can't tell me India, China, Brazil and Mexico have a hire standard of living than Korea or Australia...
 
Hope Koreans stop concentrating on being hire on some list and concentrate on real stuff. | 
	 
 
 
 
That's not what the list shows.  It is refering to the total amount of 'product' in each country.  Therefore, it is not surprising that a country with a large population, such as China, would be ahead of Korea.  However, if you divide the total by the population of the country, you will have a closer idea of the 'standard of living', though of course not everything is about money anyway. | 
			 
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		Zulu
 
 
  Joined: 28 Apr 2006
 
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				 Posted: Sun Aug 05, 2007 2:11 am    Post subject: Re: Korea now out of the top 10. | 
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	  | JongnoGuru wrote: | 
	 
	
	   
 
	  | mercury wrote: | 
	 
	
	  
 
3 Germany 2,906,681 
 
4 China 2,668,071 | 
	 
 
 
Yeah!!!!     
 
 
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	  5 United Kingdom 2,345,015 
 
6 France 2,230,721a  | 
	 
 
 
YEAH!!!!!   
 
 | 
	 
 
 
There's a ton of media hype about China these days but before you get too excited...per capita GDP (nominal)
 
 
1  Luxembourg 87,955 2005 
 
2  Norway 72,306 2005 
 
3  Monaco 67,000[citation needed] 2005 
 
4  Qatar 62,914 2005 
 
5  Iceland 54,858 2005 
 
6  Ireland 52,440 2005 
 
7  Switzerland 51,771 2006 
 
8  Denmark 50,965 2005 
 
9  United States 44,190 2006... 
 
13 United Kingdom 39,213 2005 
 
15  Canada 38,951 2006...
 
18  France 35,404 2006 
 
19  Germany 35,204 2006 
 
20 Japan 34,188...
 
36  South Korea 18,392 2006...
 
59  Russia 6,856 ... 
 
108  Republic of the Congo 2,147 2004  
 
109  People's Republic of China (China) 2,001 2006  :
 
 
And per capita GDP (PPP)
 
1 Luxembourg 80,471 2005 
 
2 Ireland 44,087 2005 
 
3 Norway 43,574 2005 
 
4 United States 43,444 2005 
 
5 Iceland 40,277 2005... 
 
9 Canada 35,494 2005... 
 
11 United Kingdom 35,051 2005... 
 
16 Australia 32,938 2004... 
 
18 France 35,404 2006 
 
19 Germany 35,204 2006 
 
20 Japan...
 
27 Greece 25,975 2005... 
 
30 South Korea 23,926 2005... 
 
59 Russia 12,096 2005... 
 
79 Tonga 8,255 2005... 
 
87 People's Republic of China 7,598 20
 
 
This isn't even taking into account the massive amount of foreign investment driving China's growth. Think about where that money is going eventually. | 
			 
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		Qinella
 
 
  Joined: 25 Feb 2005 Location: the crib
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				 Posted: Sun Aug 05, 2007 4:13 am    Post subject:  | 
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				| They should start banning more foreign products right away.  It will be their only lifeline. | 
			 
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		darkhorse_NZ
 
  
  Joined: 20 Feb 2007 Location: South Korea
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				 Posted: Sun Aug 05, 2007 4:17 am    Post subject:  | 
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				| Wow, what's up with the Luxembourgians? Do they shit diamonds over there or something? | 
			 
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		ChopChaeJoe
 
 
  Joined: 05 Mar 2006 Location: Seoul
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				 Posted: Sun Aug 05, 2007 5:08 am    Post subject:  | 
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				| I always thought of ireland as a third world country. Wha happened?? | 
			 
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		IncognitoHFX
 
  
  Joined: 06 May 2007 Location: Yeongtong, Suwon
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				 Posted: Sun Aug 05, 2007 5:16 am    Post subject:  | 
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	  | PeteJB wrote: | 
	 
	
	  | Interestingly enough, Korea is one of (if not the) smallest countries in that list. | 
	 
 
 
 
Close, but Canada's population is only 30 million. Korea is almost 50 million. | 
			 
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		mindmetoo
 
 
  Joined: 02 Feb 2004
 
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				 Posted: Sun Aug 05, 2007 5:22 am    Post subject:  | 
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	  | ChopChaeJoe wrote: | 
	 
	
	  | I always thought of ireland as a third world country. Wha happened?? | 
	 
 
 
 
Lots of things:
 
 
The EU, highly educated population, speaks English, low wages, cheap land (well not anymore), first hunk of land you encounter from North America, tax cuts, government brought in foreign investment, North American companies looking for a cheap english speaking country to get a foothold in the EU economy, Irish started doing a lot of the grunt work like phone support and software internationalization for the EU. All 'n' all Ireland got the jump on the global economy and North American companies looking to outsource off shore before everyone else.
 
 
Yeah Korea has fell because the BRIC economies (well, the RIB economies) have moved up.
  Last edited by mindmetoo on Sun Aug 05, 2007 5:31 am; edited 1 time in total | 
			 
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		mindmetoo
 
 
  Joined: 02 Feb 2004
 
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				 Posted: Sun Aug 05, 2007 5:25 am    Post subject:  | 
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	  | IncognitoHFX wrote: | 
	 
	
	  
 
	  | PeteJB wrote: | 
	 
	
	  | Interestingly enough, Korea is one of (if not the) smallest countries in that list. | 
	 
 
 
 
Close, but Canada's population is only 30 million. Korea is almost 50 million. | 
	 
 
 
 
Australia has even less. | 
			 
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